Apply on Employer Site

Liberty Federal Credit Union · 1 month ago

Director of Lending Compliance and Policy

MAIN OFFICE, Evansville, IN, US

Full-time

Onsite

Lead/Staff

Liberty Federal Credit Union is a full-service credit union seeking a Director of Lending Compliance and Policy to oversee compliance and policy documentation for all lending channels. This role involves managing compliance reporting, policy updates, and ensuring adherence to industry regulations while leading the Lending Compliance Department.

BankingCreditFinancial Services

Responsibilities

Responsible for keeping all compliance documentation current with regulations. Work with each of the department heads to facilitate all compliance reporting, policy updates and administration for all lending channels (initially mortgages lending but will expand to other lending channels

Work with each lending department head to update policies annually and prepare pertinent policies for board review

Manage all 3rd party relationships regarding compliance and regulatory activity for the lending channels, and all things compliance with all internal and external audits. Examples are but not limited to:

All HMDA Reporting

All Fair Lending Activity, Reporting, Strategic review of 3rd Party Fair Lending such as nContracts. Communication of results to appropriate leadership teams. Facilitate any action items or corrective action plans with department heads

Coordination and facilitation of all internal and external audits and reviews

Lead the newly formed Lending Compliance Department and the associated staff. Ensure all team members are following our standard protocols for compliance management. Stay current on the requisite training requirements. Provide timely delivery of all critical information needed for each department

Demonstrate commitment to technology by maximizing the use of all platforms available in the most efficient manner. Stay informed of new technology and new 3rd party providers. Communicate recommendations to the leadership team regarding new providers that could provide reporting and services to LFCU

Any other duties that may be assigned by direct supervisor or leadership

Qualification

Lending CompliancePolicy DocumentationRegulatory ReportingAudit CoordinationTeam LeadershipTechnology ProficiencyCommunication Skills

Required

Experience in lending compliance and policy documentation

Ability to manage compliance documentation and ensure it is current with regulations

Experience working with department heads to facilitate compliance reporting and policy updates

Experience managing 3rd party relationships regarding compliance and regulatory activity

Knowledge of HMDA Reporting and Fair Lending Activity

Experience coordinating and facilitating internal and external audits and reviews

Ability to lead a compliance department and manage associated staff

Commitment to staying current on requisite training requirements

Ability to maximize the use of technology and stay informed of new providers

Strong communication skills to convey critical information to leadership teams

Benefits

Paid Holidays

Paid Time Off (Vacation, Sick and Personal Days)

Medical, Dental and Vision Insurance

401(k) retirement program with matching funds

Employer paid Group Term Life Insurance, Short Term and Long Term Disability Insurance

Tuition Reimbursement Program

Company

Liberty Federal Credit Union

About Liberty Federal Credit Union Liberty Federal Credit Union is a member-owned financial institution focused on returning value through innovative products and services.

Founded in 1936